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Parmanand Katla

Candidate ID: 59187

Career Summary

Chartered Accountant with 10 years work experience in Finance/Accounts/Audit/Tax/ CS/functional areas. Experienced Financial Controller with a demonstrated history of working in Sectors - Retail, Trading, Automobile, Production.

Skill Set

Accounting, Audit, Finance, MIS, Analyst

Professional Information

Total Experience : 10

Nationality : India

Qualification Level : CA / CS / CFA / Other Professional Degrees

Job Function : Accounts / Tax / CS / Audit / Finance

Work Location Preference : Kuwait, Bahrain, Oman, Saudi Arabia, Qatar, UAE

Detailed Profile



• Owning responsibilities with every assignment.
• Planning and organisational skills.
• Action oriented high initiative level.
• Ability to handle multiple tasks.
• Strong communication and interpersonal skills.
• Advisor for improvement in the process and system
• Able to take constructive criticism well.
• Ability to understand & grasp things quickly & efficiently.


Auditing & Taxation:
• Coordinated in complete planning, management and auditing activities to ensure completion of internal and statutory audits within time.
• Ensured passing of necessary rectification entries and improvements in accounting procedures
• Prepared tax plans and ensured timely assessment and filing of direct & indirect tax returns

Accounting Functions:
• Prepared and maintained statutory books of accounts and reconciliation of financial statements in compliance with the norms. Maintained records of Assets and Stocks.
• Preparation of monthly reports and analyzed the expenditure on a monthly basis to control expenses.

Fund Management:
• Administered treasury functions including Debt servicing, optimum utilization of surplus funds; controlled management of funds and securities to ensure pay In/out of funds in time without fail.
• Managed payments in Controlled forex environment through approved Regulatory channels.

Financial Planning, Control & Budgeting:
• Validate business plans and commercial strategies to maximise profitability and generate revenue in line with corporate goals.
• Created budgets & conducted variance analysis to determine difference between projected and actual results.

Receivable / Payable Management:
• Followed up bills receivables, conducted ageing analysis with an aim to keep receivables under control.
• Ensured timely payments to suppliers and managing accounts payable.

HR Functions:
• Timely review for personnel requirements and initiate for recruitment process.
• Managed Payroll functions and timely payment of staff salaries and statutory tax payments.

• Ensured complete insurance cover of business areas and its assets
• Lodged claim requests with insurance companies and followup for early settlements


CFAO Group - Zimbabwe (as Chief Financial Officer)
(March 2018 to till date) (Automobile Division – Vehicle Sales and Workshop operations)

• Supervising Company accounts and Monthly reporting to Group
• Adhering & Implementation of Group Policies in all activities of Company
• Monthly management meetings detailing the monthly performance
• Approving & implementing Costing of stocks (workshop) to achieve the maximum profitability.
• Handling company taxation and relevant statutory filings
• Approving all corporate payments
• Maintaining Banking relations for smooth banking operations

EXPORT TRADING GROUP – Zimbabwe (as Country Financial Controller)
(August 2016 to Feb 2018) (Trading Activities – Agricultural Commodities, Fertilizers and Agro Chemicals)

• Handling company accounts and Monthly reports to Group
• Consolidation of group entities in Zimbabwe, handling of yearly audits – statutory and tax
• Handled in externalization of funds in cash crisis situation.
• Supervising treasury functions by close liaising with Group Treasury.
• Approving all payments – vendors, statutory duties, CAPEX
• Handling taxation, dealing with Govt. offices to meet legal requirements and yearly tax clearances.
• Handling HR issues, liaising with Traders, Ground staff and warehouse staff
• Training accounts / operations staff for smooth functioning of office work
• Yearly Budget preparation and monthly review of costs, allocation of Direct / Indirect cost to each vertical business
• Achieving cost reductions in operations with close monitoring to each aspect of expenses

CASH ‘N’ CARRY (NIGERIA) LIMITED - Lagos, Nigeria (As Financial Controller)
(May 2014 to June 2016) - (Retail Chain – Company – Trading in Electronics, Household items and readymade Garments)

Reliance Power Limited, Mumbai-India (As Assistant Manager)
(Jan 2013 to Jan 2014) (Assigned for its SPV –Sasan Power Limited, 3960 MW, Coal integrated Power Project located at Singrauli Madhya Pradesh, India)

Chaturvedi & Shah, Chartered Accountants, Mumbai-India (As Assistant Manager-Audit)
(Apr 2009 to Nov 2012) - Client - Reliance Power Limited & its Subsidiaries

? Completed CA Articleship training at, Chartered Accountants firm, Mumbai.
(Feb’ 06 to Mar’ 09)

• Well versed with the working knowledge of ERP Software – ‘Microsoft Dynamics’, ‘SAP’ and Tally ERP.

Name of the Course, Institution Month & Year of Passing
• Chartered Accountancy, ICAI Nov’08
• Company Secretary, ICSI
(Intermediate) Jun’07
• Master of Commerce, Mumbai Apr’07
• Bachelor of Commerce, Mumbai Mar’04
• Higher Secondary School, Mumbai Feb’01
• Secondary School, Mumbai Mar’99

• Date of Birth : December 27, 1983
• Nationality : Indian
• Marital Status : Married
• Language known : English, Hindi & Telugu